1Life Healthcare

1Life Healthcare (doing business as One Medical) is a San Francisco-based chain of primary healthcare clinics.[1][2] One Medical is a membership-based primary care service with in-person care and online resources, including a mobile app.[1][3][4]

1Life Healthcare
Traded asNASDAQ: ONEM
IndustryPrimary healthcare
Founded2007 (2007), San Francisco, California, United States
FounderTom Lee
Headquarters,
Key people
Amir Rubin, CEO
Websitewww.onemedical.com

One Medical was founded by Tom Lee in 2007. The company grew from a single San Francisco clinic to more than 72 locations across the United States, including 29 clinics in the greater San Francisco Bay Area.[1][3]

In 2017, Amir Rubin succeeded Tom Lee as CEO of One Medical.[1] In 2018, The Carlyle Group invested $350 million in the company.[2][4] One Medical, which is backed by Google's parent company Alphabet Inc., has been valued at $1.5–$2 billion.[2][3]

One Medical began trading on the Nasdaq stock exchange on January 30, 2020.[5]

References

  1. Farr, Christina; Sherman, Alex (October 8, 2019). "One Medical, the health clinic chain backed by Alphabet, has hired banks ahead of an IPO". CNBC. Retrieved November 6, 2019.
  2. Truong, Kevin (October 8, 2019). "Google-backed One Medical reportedly gearing up for IPO". San Francisco Business Times. Retrieved November 6, 2019.
  3. Farr, Christina (July 28, 2019). "How tech-infused primary care centers turned One Medical into a $2 billion business". CNBC. Retrieved November 6, 2019.
  4. Tozzi, John (March 20, 2019). "Carlyle-Backed One Medical Tackles Costs With Hospital Deals". Bloomberg. Retrieved November 6, 2019.
  5. Shen, Lucinda (January 31, 2020). "On a terrible day for stocks, One Medical sees its stock pop 47% from the IPO price". Fortune. Retrieved February 2, 2020.
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